Avcorp announces 2009 first quarter results

Avcorp announced its financial results for the quarter ended March 31, 2009. During the quarter ended March 31, 2009, the Company recorded a loss from operations of $1,989,000 on $22,087,000 revenue, as compared to $183,000 earnings from operations on $31,151,000 revenue for the same quarter of the preceding year; and a net loss for the current quarter of $3,172,000 as compared to a net loss of $423,000 for the quarter ended March 31, 2008.